CRH Medical acquires majority stake in Austin Gastroenterology Anesthesia Associates: 4 points

CRH Medical acquired a 51 percent stake in Austin (Texas) Gastroenterology Anesthesia Associates.

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Here are four points:

1. The practice provides anesthesia services to two ASCs in Austin.

2. The transaction is structured as a joint venture.

3. The practice is expected to generate total annual revenue of $11 million.

4. CRH Medical focuses on providing physicians with services and products for the treatment of gastrointestinal diseases.

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